GM Cuts Production Plans by 14%
Copying Ford, DaimlerChrysler

By

Gregory L. White Staff Reporter of The Wall Street Journal

Updated Dec. 8, 2000 11:59 p.m. ET

(See Corrections and Amplifications item below .)

DETROIT -- General Motors Corp. became the last of the Big Three auto makers to step on the brakes, cutting production plans for the current quarter and the next. The move is the latest sign that traffic in the economy is still slowing down.